Estimated Value: $222,150 - $273,000
3
Beds
3
Baths
3,476
Sq Ft
$73/Sq Ft
Est. Value
About This Home
This home is located at 71 7th St SW, Wells, MN 56097 and is currently estimated at $253,050, approximately $72 per square foot. 71 7th St SW is a home located in Faribault County with nearby schools including United South Central Elementary School, United South Central High School, and St. Casimir's School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 21, 2021
Sold by
Niebuhr Harold and Niebuhr Karen
Bought by
Rsd Minor Works Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
3.1%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Feb 22, 2005
Sold by
Nordaas Devevlopment Llc
Bought by
Niebuhr Harold G and Niebuhr Karen G
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Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Rsd Minor Works Llc | $148,500 | None Available | |
Niebuhr Harold G | $162,000 | None Available | |
-- | $148,500 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Schultz Andrea | $160,000 | |
Closed | Rsd Minor Works Llc | $100,000 | |
Previous Owner | Niebuhr Harold | $75,000 | |
Closed | -- | $148,000 |
Source: Public Records
Tax History Compared to Growth
Tax History
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2025 | $4,000 | $224,000 | $14,400 | $209,600 |
2024 | $3,966 | $222,100 | $10,100 | $212,000 |
2023 | $3,334 | $218,100 | $6,000 | $212,100 |
2022 | $3,068 | $156,800 | $6,000 | $150,800 |
2021 | $2,940 | $148,500 | $4,500 | $144,000 |
2020 | $2,840 | $148,500 | $4,500 | $144,000 |
2019 | $2,762 | $138,900 | $3,600 | $135,300 |
2018 | $3,316 | $137,900 | $2,600 | $135,300 |
2017 | $3,192 | $165,400 | $2,600 | $162,800 |
2015 | $2,694 | $165,400 | $2,600 | $162,800 |
2013 | -- | $165,400 | $2,600 | $162,800 |
Source: Public Records
Map
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